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Jan 18, 2013
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tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real economy. our economy has been hijacked -- we can talk about all the problems, talk endlessly about what i heard yesterday -- i heard about a woman yesterday. we heard about a real woman yesterday from michigan who actually chose to have her leg amputated because she could not afford the antibiotics in terms of taking care of her leg. she had her leg amputated because of money, because of money, because we do not have a health care system. it is a disgrace. the robin hood tax can generate $350 billio
tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real...
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Jan 14, 2013
01/13
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various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of those nine states across the united states that don't have an income tax. those are states like texas and florida and tennessee and new hampshire and washington, navy. they're doing develop economically much better. art laffer who you have on the show a lot and we do a study, called rich states, poor states we find significant growth in those that don't have income taxes. texas isp booming. florida is doing well, tennessee. louisiana wants to join the states to get more job and higher income jobs. bill: bobby jindal wants to get in on the action? >> yeah. bill: what is the effect whe
various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of...
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Jan 14, 2013
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the law was hotly debated, it is a law and they should not be able to raise the taxes particularly taxes on our young people simply by avoiding congress. gerri: george pataki, thank you for coming on the show tonight, thank you very much. >> thank you. gerri: it was this day in business back in 1990, fox's animated series "the simpsons" first premiered and became an instant hit. the half-hour sitcom islamist running american program so far running 24 seasons and 515 episodes. in the early 90s toward simpson was america's favorite character in fact introduced during its peak. for the 1 million shares sold on a given day bringing in $2 billion in revenue during the first 14 months. in 2007 the simpsons movie was released in theaters worldwide. it grossed $527 million sold $750 million in simpson's related merchandise. by 2011 the show made $1 billion in profits. this initiative 25 emmy nominations or awards and a star on the hollywood walk of fame. the first fox show to break into the top 10 in the ratings, "the simpsons" premiered o permit ons business day january 14, 23 years ago today.
the law was hotly debated, it is a law and they should not be able to raise the taxes particularly taxes on our young people simply by avoiding congress. gerri: george pataki, thank you for coming on the show tonight, thank you very much. >> thank you. gerri: it was this day in business back in 1990, fox's animated series "the simpsons" first premiered and became an instant hit. the half-hour sitcom islamist running american program so far running 24 seasons and 515 episodes. in...
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Jan 21, 2013
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as well on the tax cuts. the president agreed to extend the tax cuts, and even republicans privately said they were surprised they got a clean extension from him. there certainly is the impression the president compromise too much in his first term. that is why you see this different approach that we've been talking about since the beginning of a more aggressive, combat of obama, but also on obama that reaches out to the public to try to bring public pressure to bear on republicans, and who did that. president reagan did that. it is more of a model that reagan used. you will see him apply that to all of the issues in the pipeline. host: let me go back to something the president said in his address today. he talked about life, liberty, and the pursuit of happiness. in terms of the tactics of moving ahead on the guns agenda, we also heard the president last week talking about the inalienable rights of the average american, and that includes protecting our children. you can see a different twist on the constitut
as well on the tax cuts. the president agreed to extend the tax cuts, and even republicans privately said they were surprised they got a clean extension from him. there certainly is the impression the president compromise too much in his first term. that is why you see this different approach that we've been talking about since the beginning of a more aggressive, combat of obama, but also on obama that reaches out to the public to try to bring public pressure to bear on republicans, and who did...
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be a lot of regulations there's a lot of smaller regulations state level regulations and fears about tax code or that's the the rhetoric that business leaders are largely focusing on and where i do think that today's data is nonce sort of reflecting the reality on the ground is that sure you've got a lot of profits at these large corporations but what we haven't been seeing is investment in the economy and that's the reason why the economy is weak that's the reason why important employment is still significant problem is you can make a lot of money you can borrow money from the fed for basically free and then you can loan it back to the government and make a three percent profit on the free money that you got in the first place and you can rack up a lot of profits but that doesn't necessarily mean that we have a strong economy without actual investment in the economy itself we're not going to see economic growth so just to let's talk about this piggybacking off of what anthony is saying one of president obama's approach is to fix the economy that's kind of this trickle down economics so
be a lot of regulations there's a lot of smaller regulations state level regulations and fears about tax code or that's the the rhetoric that business leaders are largely focusing on and where i do think that today's data is nonce sort of reflecting the reality on the ground is that sure you've got a lot of profits at these large corporations but what we haven't been seeing is investment in the economy and that's the reason why the economy is weak that's the reason why important employment is...
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Jan 14, 2013
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it is the party of lower taxes. but there are a lot of people who are lower down the food chain, the economic chain, also paying lots of taxes relative to their income. and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change there are a lot of things that the american people are expecting and the republican party, as they get ready for the next election, really has to focus on some of these issues and not ignore them. everybody wants to talk about who is going to be the candidate you better think first about what's the party actually going to represent? if it's just gonna represent the far right-wing of the political spec trouble, i think the party is in difficulty. i'm aed moderate but i'm still a republican, that's how i was raised. until i voted for mr. obama twice i voted for seven straight republican presidents. >> a couple of other foreign policy matters, what should the force, u.s. force in afghanistan look like after ne
it is the party of lower taxes. but there are a lot of people who are lower down the food chain, the economic chain, also paying lots of taxes relative to their income. and they need help. we need more education work being done in this country. we need a solid immigration policy. we have to look at climate change there are a lot of things that the american people are expecting and the republican party, as they get ready for the next election, really has to focus on some of these issues and not...
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Jan 14, 2013
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i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it is fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life heavy saving research so the that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it is smart to protect endless corporate loopholes and tax breaks for the wealthiest americans, rather than rebuild our roads and our schools, invest in our workers skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way where everybody pulls their weight,
i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
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Jan 14, 2013
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perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea tantaros. it's 5:00 in new york city. this is "the five." ♪ ♪ >> dana: earlier today, president obama held the final press conference of his first term in the east room of the white house. the main attraction, our old friend the debt ceiling. they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires disci
perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea...
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Jan 16, 2013
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have dropped and the tax measure to pick up the cost on those lost revenues was voted down. now those who live in this area are just hopeful we don?t see a worst case scenario. >> there is going to be a big lack time. >> this lasted for over 90 minutes. and they are talking about using ambulatory services for response times and emergency calls. reporting a contra costa county, j. r. stone, kron 4 news. >> pam: and now to a developing story. japan's transport ministry says all boeing 7-8-7 planes are being grounded for safety checks. one of the 7-8-7s operated by all nippon airways made an emergency landing today in western japan after a cockpit message showed battery problems. no one was hurt. but passengers reported a burning smell in the cabin. it's the latest in a series of problems including a battery fire and fuel leaks. the airlines are volunarily grounding their jets. a total of 17 a-n-a jets and seven japan airlines 7-8-7 aircrafts will not be flying. the ministry says it's categorizing the problem as a quote "serious incident" officials say all of tomorrow's a-n-a d
have dropped and the tax measure to pick up the cost on those lost revenues was voted down. now those who live in this area are just hopeful we don?t see a worst case scenario. >> there is going to be a big lack time. >> this lasted for over 90 minutes. and they are talking about using ambulatory services for response times and emergency calls. reporting a contra costa county, j. r. stone, kron 4 news. >> pam: and now to a developing story. japan's transport ministry says all...
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Jan 21, 2013
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we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha: yeah. i mean, stuart, as you point out the argument that is being waged now about really tax rerecall follow was something that conservatives offered the first time around as a good way to sort of change the system and bring in more revenues at the same time. now it looks like democrats including nancy pelosi say, no way, there is more revenue can come from this wealthy group. one of them is high-profile golfer looking to evade all of this apparently. >> the news broke this morning. talking about phil mickelson. he is california-based and he has had it with taxes. he says he is going to take dr
we go through the tax debate. we thought we got higher taxes on the rich and it was over, not so. senator schumer and fellow democrats are proposing yet higher taxes on the rich, more taxes on oil and gas companies and taxes on profits that american corporations makeover seas. so that is three big areas where taxes are going to go up. all of this we are told is going to be in the new budget which the senate has to pass in about a three-month period. so, here they come, higher taxes. martha:...
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Jan 15, 2013
01/13
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they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> neil: i think this is what they call a hybrid to hell. you bought the gas saver to ease your pai
they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of...
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all the rich or all of the poor pay taxes yeah here's my car. i'm a history i have history and that. i'm listing the future is that the rich have never had to pay taxes. by and large out of tata loopholes whatever. do you have to get around there yeah well this is this is one of the big challenges a might might my thoughts on taxes are basically pay to play the more you play the more you pay it's pretty simple todd thank you for the call that people who are using a large people who are generating a large amount of income are also using a lot of the comments and using more of the court systems to enforce their contracts so using more of our federally protected banking systems and our our currency systems because they've got more of that stuff there they're using more of the commons and therefore they should be paying more for their share of the commons i also think that progressive taxation is a healthy thing because it establishes a a more equal society more egalitarian society and what we find is that the more unequal a society is the more viol
all the rich or all of the poor pay taxes yeah here's my car. i'm a history i have history and that. i'm listing the future is that the rich have never had to pay taxes. by and large out of tata loopholes whatever. do you have to get around there yeah well this is this is one of the big challenges a might might my thoughts on taxes are basically pay to play the more you play the more you pay it's pretty simple todd thank you for the call that people who are using a large people who are...
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Jan 20, 2013
01/13
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republicans are over the tax fight. they figure they've done taxes. they're not going to do that, and that's a part of the president's calculation. if he can't get that, what does he do on the spending side? not much. >> thanks very much to all of you. that's interesting. it does seem to many that tax debate is sort of done, republican or democrat. >> right. >> we had that fight, here we are. >> but the one thing the president does get is to choose what the country focuses on. he doesn't necessarily get to choose the results. he gets to choose what the country focuses on so we'll see. this is a big test for him to pick his priorities. >> that's why tomorrow becomes crucial. we'll learn a lot tomorrow. >> coming up, a rare look at a room inside the nation's capitol, a room that only a few people have ever seen. wow. would you take it? well, there is. [ male announcer ] it's called ocuvite. a vitamin totally dedicated to your eyes, from the eye care experts at bausch + lomb. as you age, eyes can lose vital nutrients. ocuvite helps replenish key eye nutr
republicans are over the tax fight. they figure they've done taxes. they're not going to do that, and that's a part of the president's calculation. if he can't get that, what does he do on the spending side? not much. >> thanks very much to all of you. that's interesting. it does seem to many that tax debate is sort of done, republican or democrat. >> right. >> we had that fight, here we are. >> but the one thing the president does get is to choose what the country...
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and don't forget all of our used foods are 100% tax free. this week kids get free abc gum with a purchase of $20 or more. used foods emporium now with 999 convenient locations. [ applause ] >> stephanie: that was kenny pick. yeah right? president kaine, yikes. kelly you are on the "stephanie miller show." >> caller: good morning. that soundings like a lovely place to shop. >> stephanie: sorry if you are eating breakfast. >> caller: no, i'm laying in bed watching you. >> stephanie: hello. okay. >> caller: i have been listening to the chatter about gun control ever since that horrific incident in newtown, and i want to jump on the other side of the coin as somebody who has been in counseling for clinical depression for over five years. i know people with asperger's syndrome. i don't want a still ma to be attached to mental illness the way it is with pitbull. >> stephanie: yeah. there are obviously different degrees of everything -- >> caller: well, know i mean when people talk about people who open fire on people they talk about mental illness
and don't forget all of our used foods are 100% tax free. this week kids get free abc gum with a purchase of $20 or more. used foods emporium now with 999 convenient locations. [ applause ] >> stephanie: that was kenny pick. yeah right? president kaine, yikes. kelly you are on the "stephanie miller show." >> caller: good morning. that soundings like a lovely place to shop. >> stephanie: sorry if you are eating breakfast. >> caller: no, i'm laying in bed...
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corporate profits are the highest they've been under any president since world war two take a lot after tax profits are up one hundred seventy one percent the s. and p. five hundred index has gone up eighty percent since the president took office and here are a couple examples of how well corporations are doing caterpillar. profits grew thirty two percent since last year and yahoo earnings per share grew sixty seven percent since last year now whether these profits are because of the president's policies or in spite of them it's all in the eye of the holder for more on corporate profits i was joined earlier by r.c. producer justin underhill as well as anthony around as though he's the director of economic policy at the reason foundation i first asked anthony if president obama based on the numbers is really that close to being a socialist. well it all depends on how you define socialism i think even the president that he's in favor of redistribution of wealth and that's a good things it's all about like the language the language that's used it whether or not it's positive or negative gets g
corporate profits are the highest they've been under any president since world war two take a lot after tax profits are up one hundred seventy one percent the s. and p. five hundred index has gone up eighty percent since the president took office and here are a couple examples of how well corporations are doing caterpillar. profits grew thirty two percent since last year and yahoo earnings per share grew sixty seven percent since last year now whether these profits are because of the...
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Jan 20, 2013
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doctor, give me the news, and a private efcacy group in support of the health care laws is now hosting a tax section with journalists on the best way to cover the president's health care law, offering what they're calling specialized education in health care reporting. charlie gasperino. >> i can't wait to sign up, dude. (laughter) >> isn't that weird and that anyone would sign up for, i'm sorry we got it wrong. >> any, any journalists that signs up for this should be thrown out of the industry immediately and taking-- i'm trying to take it seriously. it's so stupid it's unbelievable. i'm going to pass this to adam. >> adam, what-- (laughter) >> i'm going to try to explain. part of this they think there's bad report ong this because the reporters don't know what's in the law and they want toive them the straight skinny right from the folks who wrote it. what do you make of that? >> normally, on journalistic issues charlie and i are in lockstep. i disagree with you, if you're a reporter covering the intricacies of this extremely complicated legislation and regulation, you have nothing to lose
doctor, give me the news, and a private efcacy group in support of the health care laws is now hosting a tax section with journalists on the best way to cover the president's health care law, offering what they're calling specialized education in health care reporting. charlie gasperino. >> i can't wait to sign up, dude. (laughter) >> isn't that weird and that anyone would sign up for, i'm sorry we got it wrong. >> any, any journalists that signs up for this should be thrown...
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corporations after tax profits of grown by one hundred seventy one percent under obama more than any other president since world war two their highest level relative to the size of the economy since record keeping began in one thousand nine hundred seven profits are two times as high as their peak during the reagan administration and the annual average corporate profit growth under. obama is the highest since one thousand nine hundred so a serious question why do republicans insist on saying that obama is a socialist oh. well first of all i don't know if the president would even want to be celebrating this big businesses are growing at such a rate in here's another surprise it's why would he not want to be their income has increased twenty percent in the last three years from like two thousand and two thousand and eleven so what's not increasing that we're seeing is employment especially with small businesses it's done kind of a slow gradual decrease since two thousand and nine there are a lot of things that are that are just not doing better that's what we need to be looking at yeah
corporations after tax profits of grown by one hundred seventy one percent under obama more than any other president since world war two their highest level relative to the size of the economy since record keeping began in one thousand nine hundred seven profits are two times as high as their peak during the reagan administration and the annual average corporate profit growth under. obama is the highest since one thousand nine hundred so a serious question why do republicans insist on saying...
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Jan 21, 2013
01/13
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tax reform was in this speech. it's rare to get this number of -- >> would you have liked more poetry in the speech? >> i personally would have liked more poetry. i think the country needs more uplifting at this point, to be brought together. this one line in the speech which goes to the heart of the pragmatism, we must act knowing that our work will be imperfect. you know, i think he's saying to the whole of the washington establishment, we can't have it all but we have to get moving. >> you know, this speech had the word research labs in it at one point. i challenge you to find another -- >> that's poetry right there. >> right. underscoring the point about the gran u lart here. progress does not compel us to settle the debate about the role of government for all time but it does require us to act in our time. hampton pearson is on the west front of the capitol and can describe what's going on there now. hampton? >> well, number one, we've got of course a wholesale exodus of all the vips on the platform. a huge po
tax reform was in this speech. it's rare to get this number of -- >> would you have liked more poetry in the speech? >> i personally would have liked more poetry. i think the country needs more uplifting at this point, to be brought together. this one line in the speech which goes to the heart of the pragmatism, we must act knowing that our work will be imperfect. you know, i think he's saying to the whole of the washington establishment, we can't have it all but we have to get...
WHUT (Howard University Television)
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Jan 21, 2013
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be. >> anyone surprised by the specific things he brought up, he mentioned climate change, mentioned tax reform, it was a small -- not a big laundry list but a small list. >> he addressed a generational side, we're not going to sacrifice or surrender our responsibility of the generation made this country on the altar of getting the generation. we as americans can do both. >> talking about the generation. >> that we have responsibility to those who made the country and those that will make the next counsel tree that will be america, whether it's education or training or whatever else. i just wanted to give just shout out to the brooklyn tabernacle choir. which i thought was just phenomenal. also lamar alexander, which was really exceptional and the -- not that the others weren't fine but they were. i thought the poet was great. >> that gives us an opportunity to speak more broadly about the ceremony it wasn't just the speech. the speech is at the heart of it, we can come back to that. we'll watch the president, vice president, go in to a room in the capital which they're going to sign the
be. >> anyone surprised by the specific things he brought up, he mentioned climate change, mentioned tax reform, it was a small -- not a big laundry list but a small list. >> he addressed a generational side, we're not going to sacrifice or surrender our responsibility of the generation made this country on the altar of getting the generation. we as americans can do both. >> talking about the generation. >> that we have responsibility to those who made the country and...
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Jan 18, 2013
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on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to support her education initiatives, my budget will propose that we increase income tax by one percentage point, 6.25% to make that increase fair to all according to their ability to pay will propose that we double the personal exemptions for every taxpayer and eliminate a number of itemized deductions. making those changes gives us a tax code that is sent. fair. let me add that these changes are sales income and business tax will be comparable to an competitive with other states in the region and beyond with which we compete. this is what i will prop
on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to...
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Jan 18, 2013
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the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between no
the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three...
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loopholes from these giant banks that do not pay any taxes it would solve the economy problem so it's just kind of the elephant in the room that i just have to keep pointing fingers that. where are going to i don't have magonet you have kind of a look at the change the change up in the administration and there's a lot of them let's go ahead and go over to the plasma and look at some of them first up one of the hallmarks of every president's second term is a change in the lineup not only does it bring new mines and new ideas to the forefront of the administration but it also gives a much needed our in our relax and rest and relax for those who have already served their. for years with president obama in the first term perhaps no one needs are and are more than. secretary of state hillary clinton in her first four years as a top u.s. diplomat she's flown over nine hundred sixty thousand miles to one hundred twelve countries now it looks like senator john kerry will replace her as the current chair of the senate foreign relations committee he has extensive foreign policy experience his c
loopholes from these giant banks that do not pay any taxes it would solve the economy problem so it's just kind of the elephant in the room that i just have to keep pointing fingers that. where are going to i don't have magonet you have kind of a look at the change the change up in the administration and there's a lot of them let's go ahead and go over to the plasma and look at some of them first up one of the hallmarks of every president's second term is a change in the lineup not only does it...
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Jan 13, 2013
01/13
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that's about 6 billion in tax breaks, and about 6 billion in direct expenditures. we are pursuing a vision of green jobs that makes no sense and that hurts low income americans. we brainwash our children to think that green is good, and think uncritically about green product and green jobs. and yet we can't even define what a green job is. let's start with green jobs. the bureau of labor statistics has five definitions of the three-point 1 million green jobs that it has counted. namely energy from renewable sources, energy efficiency, energy pollution reduction and removal, natural resource conservation, and environmental compliance, education, and training, and public awareness. when i was testifying on capitol hill before the house energy and commerce committee, they had a paper cup in front of me. often they just have a bottle of water, but this time they had a bottle of water and a paper cup. and a paper cup said -- power to save energy on the other side. so since this cup fit the definition of education, training and public awareness, the workers who made it h
that's about 6 billion in tax breaks, and about 6 billion in direct expenditures. we are pursuing a vision of green jobs that makes no sense and that hurts low income americans. we brainwash our children to think that green is good, and think uncritically about green product and green jobs. and yet we can't even define what a green job is. let's start with green jobs. the bureau of labor statistics has five definitions of the three-point 1 million green jobs that it has counted. namely energy...
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Jan 15, 2013
01/13
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to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes are collected. >> the purchase is accepted opening this possible loophole. advise half a million gallons of jet fuel every day at o'hare airports. most of the fuel transactions are negotiated through united chicago headquarters. it alleges an airline subsidiary opened a small office in sick more. we have video provided by the rta. you get a tax kickback from the town saves a few hundred million. the only reason the fuels had the office in sick more is to create a sham packed for fuel rather than lower tax jurisdiction. in a statement united airlines says it h
to dodge ten's of millions of taxes in the city of chicago. the rta reports a single part-time employee works at that office one person that on a recent visited consultants found it locked. only a few chairs and desks through a window. the office is completely legal and any lawsuit would be without merit. rick live enthall is live in our newsroom tonight. how can they get away with this? >> most are collected where products are received. if you fill up with jet fuel that's where the taxes...
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Jan 18, 2013
01/13
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that's as all americans adjust to smaller paychecks due to higher taxes. >> the hit to incomes are going to be a first quarter event for the most part, so much of that effect will be felt in the first quarter and it gradually dissipate in our view as the year wears on. >> reporter: so, what will it take for the economy to return to much stronger footing. many say the answer lies with the housing market, which needs to built a stronger foundation. that brings us back to lenane and one of her listings. it's a five bedroom condo with river views. it can be yours for $4.75 million. >> to be able to get 3,100 square feet in manhattan is a real rarity, especially the bedroom count because people are really having families and staying in the city. and, this apartment really speaks to that. so that's why we've had such great traffic. >> reporter: traffic maybe, but will it sell? perhaps if the economy continues to show fresh signs of life. suzanne pratt, "n.b.r.," new york. >> tom: disappointing. that describes the last quarterly financial performances from two of the country's biggest banks, ba
that's as all americans adjust to smaller paychecks due to higher taxes. >> the hit to incomes are going to be a first quarter event for the most part, so much of that effect will be felt in the first quarter and it gradually dissipate in our view as the year wears on. >> reporter: so, what will it take for the economy to return to much stronger footing. many say the answer lies with the housing market, which needs to built a stronger foundation. that brings us back to lenane and...
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Jan 18, 2013
01/13
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tax rolls. barbara taxes, business licensees, -- property taxes, business licensees. abortion or the unemployment rate decrease down to 7.4%. -- we have seen our unemployment rate decreased down to 7.4%. a great focus on regionalism. host: with so much talk about the debt and deficit, cities often do that by floating bonds. explain how that works in mesa, arizona. guest: we do not go into debt to cover deficits. mostwe get our fiscal cliff literally three and four years ago. we had to figure it out on a cash basis counterbalance our budget. westreets, police stations, mainly some work, water, those kinds of things. these are financed with tax- exempt invisible bonds. hundreds of billions, if not trillions of dollars. one of the proposals that does not seem to want to die is to somehow tinker or eliminate the tax-exempt status of municipal bonds. this is extremely important to us. you are talking about the basic financing infrastructure itself of cities and states. that is huge. mesa is not a hea
tax rolls. barbara taxes, business licensees, -- property taxes, business licensees. abortion or the unemployment rate decrease down to 7.4%. -- we have seen our unemployment rate decreased down to 7.4%. a great focus on regionalism. host: with so much talk about the debt and deficit, cities often do that by floating bonds. explain how that works in mesa, arizona. guest: we do not go into debt to cover deficits. mostwe get our fiscal cliff literally three and four years ago. we had to figure it...
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Jan 18, 2013
01/13
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on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other purpose. to support our education initiative, my budget will propose that we increase the income tax by 1 percentage point to 6 % 25% to make that increase fair to all according to their ability to pay. i will propose that we double the personal exemptions for every taxpayer, and eliminate a number of itemized dedeductions. making those changes gives us a tax code that is simpler and fairer. let me add that with these changes are sales, income, and business taxes will be comparable to and other states in the region beyond with which we compete. th
on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other...
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Jan 18, 2013
01/13
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this is a big tax cut. so i say to you, in terms of what has to happen next, i think it will require the revenue side of the equation and the spending side of the equation to be addressed. let me conclude by saying this. how do we get out of this in the current circumstance? the president says he will not negotiate on the debt limit. republicans say they will not vote for excess and on the debt limit unless they get substantial additional cuts in spending. i think judd is absolutely right. we have another dynamic at work here. and that is the sequester. $1.20 trillion of across-the- board spending cuts, half in defense and half in non-defense. republicans delight it. democrats don't like it. that creates an opportunity. there's also the question of how long do you extend the debt limit. i think it would be incredibly foolish to renamed on the debt of the united states. -- to renig on the debt of united states. but how long we extend the debt limit, that is open to negotiation. and between the two of how lon
this is a big tax cut. so i say to you, in terms of what has to happen next, i think it will require the revenue side of the equation and the spending side of the equation to be addressed. let me conclude by saying this. how do we get out of this in the current circumstance? the president says he will not negotiate on the debt limit. republicans say they will not vote for excess and on the debt limit unless they get substantial additional cuts in spending. i think judd is absolutely right. we...
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Jan 13, 2013
01/13
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i think the main reason that they -- they don't want fica taxes to get so low that people get used to paying an amount that can't fund the social security trust fund. it's odd because of all the things we discussed in the fiscal cliff. >> yeah. >> most of them wish use that might affect economic growth in the future. this was a tax that, according to most people rating it, was worth about 0.8 points of economic growth, and they -- no one talked about it. >> few were talking about it. they were just trying to get to a deal as you're saying there now, dave. now we're seeing this real impact on the paychecks, might there be political backlash from voters for the president or for republicans on this. i almost said the beauty. kind of using the word ironically. the beauty of this issue like this where neither party advocated for it. neither party thinks they can be blamed. >> hurt by it. >> we know what republicans propose in various rounds of fiscal cliff negotiations, and they never proposed an extension to this. they could cynically say, look, and you hear some kind of republican pundit
i think the main reason that they -- they don't want fica taxes to get so low that people get used to paying an amount that can't fund the social security trust fund. it's odd because of all the things we discussed in the fiscal cliff. >> yeah. >> most of them wish use that might affect economic growth in the future. this was a tax that, according to most people rating it, was worth about 0.8 points of economic growth, and they -- no one talked about it. >> few were talking...
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Jan 14, 2013
01/13
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higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff deal. but whatever happened to comprehensive tax reform? >> the irs tax code is still a nightmare. it's too complex, too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than $1 trillion a year in tax breaks, but republicans say reform isn't about squeezing more money out of taxpayers. >> i think tax reform is a good idea, but now that we have resolved the revenue issue, tax reform ought to be revenue neutral, as it was
higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff...
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Jan 19, 2013
01/13
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if somebody says taxes are too high or taxes are not going to go up, those are often impossible to fact check. we will, however, check things about a claim about someone's plan, so we did a lot of checks during the 2012 campaign on claims that president obama made about mitt romney's plan, and claims that mitt romney made about obama. we also have a search box on our side so you can look things up. if you have an iphone or android, we have a couple of mobile apps that can help you look things up like that. host: speaking of the archives at the c-span video library, let's go to some of the promises president obama made before he was elected to the presidency. this was a debate back on january 31, 2008, talking about health care. >> ted kennedy said he is confident that we will get universal health care, and he has been working on a longer than anybody. but he has gone through 12 of these plans, and each time they have failed. part of the reason i think they have failed as we have not been able to bring democrats, republicans together to get it done. guest: you are correct. but obama was
if somebody says taxes are too high or taxes are not going to go up, those are often impossible to fact check. we will, however, check things about a claim about someone's plan, so we did a lot of checks during the 2012 campaign on claims that president obama made about mitt romney's plan, and claims that mitt romney made about obama. we also have a search box on our side so you can look things up. if you have an iphone or android, we have a couple of mobile apps that can help you look things...
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Jan 16, 2013
01/13
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. >> the shippers pay a tax to the lar boar maintenance fee for such work. in recent years the senators on both sides of the aisle, including carl levin of michiganbe complain the fund has been raided for other federal spending. >> steve brown on the banks of lake michigan. thank you. >> interior secretary ken salazzar the latest official to head out the door. they say he will leave in march. he joins the secretary of state, treasury, defense, labor and the epa chief in announcing their departures. more than 8,000 new york city school bus drivers on strike tonight. many students disabled had to find other ways to school this morning. job protection is the hang up. they put a contract with the private bus up for bid. it just got tougher to have your voice heard by the white house. taking gun control at schools for what you might consider a ridiculous extreme. grapevine explains next. >> bret: the white house quadrupleed the threshold on the signatures for the lead the people petition site. the new minimum, 100,000 signatures in 30 days. that is up from 25,000
. >> the shippers pay a tax to the lar boar maintenance fee for such work. in recent years the senators on both sides of the aisle, including carl levin of michiganbe complain the fund has been raided for other federal spending. >> steve brown on the banks of lake michigan. thank you. >> interior secretary ken salazzar the latest official to head out the door. they say he will leave in march. he joins the secretary of state, treasury, defense, labor and the epa chief in...
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Jan 19, 2013
01/13
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we got no tax cuts. we're kicking the can down the road, and unless these people really start to get serious about this, we are going to be talking about this for the whole next four years and the country is only going to get worse and basically that's it. both parties have either got to come to the table and they have got to make meaningful cuts and get meaningful revenue to get out of this problem. thank you. host: and that will be it as far as calls for this segment. let me tell you what's coming up in the program. you have been watching the white house. this week president obama as part of his proposal on gun violence had a study on violent video games and cheryl olson the author of "grand theft childhood." later john lott will join us. he is the author of "more guns, less crime." he will be on to talk about the president's proposal to reduce gun violence. all throughout the district of columbia we have our c-span photographers out there taking in photos and event it's leading up to the inauguration.
we got no tax cuts. we're kicking the can down the road, and unless these people really start to get serious about this, we are going to be talking about this for the whole next four years and the country is only going to get worse and basically that's it. both parties have either got to come to the table and they have got to make meaningful cuts and get meaningful revenue to get out of this problem. thank you. host: and that will be it as far as calls for this segment. let me tell you what's...
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Jan 21, 2013
01/13
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climate change, immigration and tax reform among others. the president did at one point in his speech say there are some parts of government that need to be reformed, but our usefulness of one small olive branch to republicans. but we are not a nation of takers and the fundamental foundations of the great society, medicare, medicaid and social security will be preserved under his watch and the encroachments republicans would like to make on those programs from the president's perspective in the name of deficit reduction will be, if not repelled, at least resisted. scott? >> major, thank you very much. this is the crowd in washington, d.c., live, as they begin to wander away from the national mall, after witnessing american history firsthand. during the president's first inauguration, in 2009, a historic event for the nation, of course, there were 1.8 million people in the national mall. it was the largest gathering this city has ever seen. today, we don't have the estimates, but fair to say, something perhaps just under a million people. se
climate change, immigration and tax reform among others. the president did at one point in his speech say there are some parts of government that need to be reformed, but our usefulness of one small olive branch to republicans. but we are not a nation of takers and the fundamental foundations of the great society, medicare, medicaid and social security will be preserved under his watch and the encroachments republicans would like to make on those programs from the president's perspective in the...
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Jan 19, 2013
01/13
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the think after spending a million and have tax dollars, my sister is correct. if you have a good kid with good friendships and current supervision, the violent games are like comic books from the 1950's that were subversive, like "mad" magazine. host: the subtitle of your book implies there are concerns. guest: what parents can do is parent. i recommend that parents go to the entertainment ratings board site. there is not a summary of the plot and what they're credited with it did. -- now a summary of the plot and why they are rated up with corporate he went to look at games, -- rated. you want to look at games and see if they fit your values. host: troy is our last call. on the republican line. guest: most kids who play these games now, they play online. they are not isolated back in the 99 eighties and 1990's. -- like back in the 1980's and 19690's. they talk on microphones to which other. -- to each other from house to house. guest: again like grand theft auto, they're not getting children in the game. that would make the fantasy yucky. the caller makes good
the think after spending a million and have tax dollars, my sister is correct. if you have a good kid with good friendships and current supervision, the violent games are like comic books from the 1950's that were subversive, like "mad" magazine. host: the subtitle of your book implies there are concerns. guest: what parents can do is parent. i recommend that parents go to the entertainment ratings board site. there is not a summary of the plot and what they're credited with it did....
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Jan 20, 2013
01/13
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CNNW
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we have seen anything but that really over the fights over the spending cuts and the tax hikes. do you expect this type of relationship, we'll call it that, between the president and congress to continue? >> i do think there will be that antagonism. we have to be realistic about that. i also think there are certain republicans who understand that while the president has to build a legacy, this is also about republican legacy. what kind of party do they want to be in the next four years? do they just want to continue to be the party of the permanent majority in the house, which can obstruct or do they want to focus on how you build towards being a party that can actually win the white house? this is where i think immigration reform comes in. that is a big first step for republicans to show that they understand, especially to the growing latino community, what they need to do in order to bring them in and, frankly, in order to build a path towards winning the white house in 2016 or even beyond. if they don't do that. if they don't focus on trying to figure out a way to get immigra
we have seen anything but that really over the fights over the spending cuts and the tax hikes. do you expect this type of relationship, we'll call it that, between the president and congress to continue? >> i do think there will be that antagonism. we have to be realistic about that. i also think there are certain republicans who understand that while the president has to build a legacy, this is also about republican legacy. what kind of party do they want to be in the next four years?...
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Jan 18, 2013
01/13
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FBC
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they want to move states that are dynamic, cutting taxes. look of other states with zero tax rates, they want to move to dynamic economies. stuart: diana workers leave and dynamic companies that want to hire do not come into illinois. that is the connection with the high level of government spending and government debt. >> precisely right. if you think about this is the scary part for illinois, the people who can leave on the ones that have money and they leave so people forced to sit down have means and the amount of debt i know you have covered on the amount of the lloyd that you are going to leave a bunch of debt to people can't pay and that smell like insolvency. stuart: i keep asking the same questions you and other people from illinois. when does crunch time come? when do we stop lending and when does a lawyer asked the fed's 4 bailout? >> you have lead on this and ask the right questions. illinois continues to fell to get a handle, politicians won't take on the unions, they won't reform pensions and it is becoming dangerous. stuart: w
they want to move states that are dynamic, cutting taxes. look of other states with zero tax rates, they want to move to dynamic economies. stuart: diana workers leave and dynamic companies that want to hire do not come into illinois. that is the connection with the high level of government spending and government debt. >> precisely right. if you think about this is the scary part for illinois, the people who can leave on the ones that have money and they leave so people forced to sit...
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Jan 20, 2013
01/13
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colonists were taxed out, fed up, and demanding a sea change in the way their government operated. now, if this sounds like a recap, to some of the rhetoric has been flying across contemporary airwaves, it's little surprise. tough times have always made for tough politics. that there's one significant difference to keep in mind. in 1765, colonists had no hope, however illusory, that the next election or the other party might turn things around. in fact, there were no elections of substance. ultimate authority resided with the king and parliament. when colonists complained that the political leaders were out of touch, it was not a rhetorical flourish. no taxation without representation would ultimately become the rallying crime that provoked a war against the most formidable military power on earth. given our current sorry economic circumstances, we could also remember that the executions of our forefathers were made on the half of a desire to forge a nation out of a group of colonies that even then comprised quite disparate interests. planters, farmers, merchants, slaves, indenture
colonists were taxed out, fed up, and demanding a sea change in the way their government operated. now, if this sounds like a recap, to some of the rhetoric has been flying across contemporary airwaves, it's little surprise. tough times have always made for tough politics. that there's one significant difference to keep in mind. in 1765, colonists had no hope, however illusory, that the next election or the other party might turn things around. in fact, there were no elections of substance....
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Jan 19, 2013
01/13
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provide a blank check for uncontrolled spending , a rational borrowing, and constant nickel and dime tax increases. the issues that we face today are not an impossible obstacle. they are merely the challenges of our time. we have the guidance of great leaders of the past that have faced tougher challenges than this with grace and dignity like dr. martin luther king jr., who won said the most persistent and urgent question is what are you doing for others? it is a good word for all of us , and a clarion call that should ring in our ears on his birthday weekend. regardless of our differences, all had the same dream or the future of our kids and grand kids. i pray that my children will grow up with your children in a nation that enjoys god lessons and freedom -- god's blessings and freedom. >> later, we will hear from michelle obama at the children's inaugural ball, and we will look at vice president biden volunteering in washington, dc tomorrow, the swearing in of the second term. today is the national day of service, a tradition president obama has taken up since their first day in the wh
provide a blank check for uncontrolled spending , a rational borrowing, and constant nickel and dime tax increases. the issues that we face today are not an impossible obstacle. they are merely the challenges of our time. we have the guidance of great leaders of the past that have faced tougher challenges than this with grace and dignity like dr. martin luther king jr., who won said the most persistent and urgent question is what are you doing for others? it is a good word for all of us , and a...